This question has to do with the Cash Account. Indicate the impact of the following corporate actions on cash, using the terms Increase, Decrease, or no change. For each, explain your conclusion.
– A dividend is paid with funds received from a sale of debt
– Real estate is purchased and paid for with short-term debt
– Inventory is bought on credit
– A short-term bank loan is repaid
– Next years’ taxes are prepaid.
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